Director dealings: Mitie CEO raises stake

22nd Nov 2024 15:17

(Sharecast News) - Mitie revealed on Friday that chief executive Phil Bentley had acquired 200,000 ordinary shares in the London-listed outsourcing and energy services firm.

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Mitie hails record contract wins as H1 profits rise

21st Nov 2024 07:54

(Sharecast News) - Mitie reported a jump in first-half profits and revenue on Thursday as it hailed record contract wins and renewals.

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Mitie Group acquires Argus Fire for £38m

24th Oct 2024 08:51

(Sharecast News) - Outsourcing and energy services firm Mitie Group has acquired British engineering-led fire systems business Argus Fire for a total consideration of £38.0m, funded from existing resources.

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London close: Stocks finish lower as oil prices sink

15th Oct 2024 15:39

(Sharecast News) - London markets ended Tuesday in negative territory, driven primarily by a sharp decline in energy stocks following a drop in oil prices.

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London midday: Stocks weaker on UK jobs data, oil prices

15th Oct 2024 10:51

(Sharecast News) - London markets were in the red by lunchtime on Tuesday, as investors responded to ongoing concerns about the UK jobs market, while oil prices fell.

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Mitie sales growth picks up in second quarter

15th Oct 2024 08:51

(Sharecast News) - Mitie, the FTSE 250-listed facilities management and professional services company, reported an acceleration in top-line growth in the second quarter, helped by new contract wins and increased work in the 'surge response' security market.

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Mitie buys Spain's Visegurity for £9.2m

7th Oct 2024 07:04

(Sharecast News) - Mitie Group said it had bought Spanish security business Grupo Visegurity for up to €11m (£9.2m), made up of an initial €9m payment and performance-linked deferred payments of up to €2m over the next two years.

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Mitie reports solid revenue growth in first quarter

23rd Jul 2024 07:19

(Sharecast News) - Mitie Group reported strong trading momentum in its first quarter on Tuesday, with revenue rising 10.5% to £1.16bn, compared to £1.05bn a year earlier.

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Mitie to buy ESM Power for up to £8.5m

17th Jul 2024 07:21

(Sharecast News) - Mitie said on Wednesday that it has agreed to buy ESM Power, a high voltage electrical engineering business specialising in grid and power connections, for up to £8.5m.

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Broker tips: Mitie, Rolls-Royce

24th Jun 2024 15:10

(Sharecast News) - Shares in facilities management and professional services company Mitie were on the rise on Monday after Deutsche Bank lifted its target price for the stock following the group's better-than-expected annual results.

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Deustche Bank ups target price for Mitie following strong results

24th Jun 2024 09:35

(Sharecast News) - Shares in facilities management and professional services company Mitie were on the rise on Monday after Deutsche Bank lifted its target price for the stock following the group's better-than-expected annual results.

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Mitie revenues hit record £4.5bn on contract wins

6th Jun 2024 07:05

(Sharecast News) - Annual profits at outsourcing giant Mitie surged as revenues hit a record £4.5bn - in line with company expectations laid out in April's trading update.

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London close: Stocks finish weaker after earlier gains

24th Apr 2024 15:09

(Sharecast News) - London markets closed the day weaker on Wednesday, reversing earlier gains as Wall Street stocks opened lower, although mining stocks remained above the waterline.

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Mitie slumps as Alchemy sells 40m shares in placing

24th Apr 2024 08:13

(Sharecast News) - Mitie shares slumped on Wednesday after investment fund Alchemy sold 40m shares in the outsourcing and energy services company in a placing.

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Sunday share tips: Mitie, Costain

21st Apr 2024 18:10

(Sharecast News) - The Financial Mail on Sunday's Midas column tipped shares of Mitie to its readers, highlighting it shift from facilities management to facilities transformation.

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